My Experian credit report says that one of the factors negatively contributing to my credit score is the lack of "major credit cards currently open." The report further explains this in the following way: "Your report does not show any open, currently active major credit card accounts, such as Discover, American Express, VISA, or MasterCard." Wait a second, I do have VISA credit card with the Bank of America. What is the point here?
For whatever reason, that card issuer isn't reporting the card or reporting it correctly. Yes, a BOA Visa is a major credit card.